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Why the New York Times Won't Cease Printing

What You Should Have Read, Jan. 9, 2009

Portfolio's blogger Felix Salmon takes issue with The Atlantic's piece on the end of the print edition of the NYT. For him, the article makes very little sense: author Michael Hirschorn seems to think that given a choice between defaulting on debt payments and stopping its print presses, the Sulzbergers might choose the latter. But they wouldn't: for one thing that's not a decision the NYT's lenders would actually want, and for another thing the New York Times Company has any number of assets it could sell off, especially in Boston, before taking such a drastic move. The New Yorker's James Surowiecki takes comfort that someone thinks the print edition will continue.